Now, forecasters are saying the worst is over and it wasn’t anywhere near as bad as they originally projected. However, they are whispering the news instead of using megaphones. As real estate professionals, it is our responsibility – some may say duty – to correct this narrative in the minds of the American consumer. Connecticut […]
Oops! Connecticut Home Prices Didn’t Crash After All Read More »
Selling a house on your own, without the help of a real estate agent, can be tempting to save on commissions. However, it’s essential to understand the true cost and potential drawbacks associated with this decision. Let’s examine The True Cost of Selling Your House on Your Own. Selling your house is no simple task.
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The median sales price of a given real estate market can be a powerful indicator of the overall health and activity in that area. It reflects the middle ground between prices paid for the least-expensive and most-expensive homes sold, giving an accurate snapshot of how much people are typically paying for their properties. By monitoring
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Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now. Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners have a
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With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down payment assistance. Overcoming affordability challenges in the housing market can
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Changing mortgage rates can have a significant impact on various aspects of the housing market and individual homeowners. Here are some key ways in which changing mortgage rates can influence the housing market: Affordability: Mortgage rates directly affect the affordability of homes. When mortgage rates are low, borrowers can secure loans at lower interest rates,
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There are several compelling reasons to own your own home. Here are some of the key benefits and advantages of homeownership: Stability and Security: Owning a home provides a sense of stability and security. When you own a home, you have control over your living space, and you don’t have to worry about rent increases
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Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years. You are correct that comparing housing market metrics from one year to another can be challenging, especially when the housing
Why You Can’t Compare Now To The “Unicorn” Years Read More »
If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Considering the long-term benefits of homeownership is crucial when making the decision to buy a home. Here are some key long-term advantages to consider: Building Equity: Homeownership allows you to build equity over time. As you
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Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Homeownership can provide some protection against inflation, although the extent of this protection can vary depending on various factors. Here’s how
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